PGTI Stock Overview
PGT Innovations, Inc., together with its subsidiaries manufactures and supplies impact-resistant aluminum frame windows and doors in the United States and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$19.24|
|52 Week High||US$24.69|
|52 Week Low||US$16.26|
|1 Month Change||9.32%|
|3 Month Change||-1.33%|
|1 Year Change||-20.00%|
|3 Year Change||23.65%|
|5 Year Change||68.04%|
|Change since IPO||24.13%|
Recent News & Updates
PGT Innovations: Low Net Income Is Hiding Strong Free Cash Flow
PGT Innovations produces windows and doors in the premium segment, with most of the sales coming from impact-resistant products. The reported net income was low due to non-recurring and non-cash elements. The underlying free cash flow was very strong. I expect the underlying FCF to come in at in excess of $1.50 per share this year, even if PGTI doesn't reach the lower end of its EBITDA guidance.
|PGTI||US Building||US Market|
Return vs Industry: PGTI matched the US Building industry which returned -19.8% over the past year.
Return vs Market: PGTI underperformed the US Market which returned -12.9% over the past year.
|PGTI Average Weekly Movement||6.2%|
|Building Industry Average Movement||6.3%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.9%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: PGTI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: PGTI's weekly volatility (6%) has been stable over the past year.
About the Company
PGT Innovations, Inc., together with its subsidiaries manufactures and supplies impact-resistant aluminum frame windows and doors in the United States and internationally. The company provides heavy-duty aluminum or vinyl frames with laminated glass to provide protection from hurricane-force winds and wind-borne debris; and non-impact resistant vinyl windows with insulating glass and multi-chambered frames for various climate zones. It also offers customizable non-impact-resistant aluminum frame windows and doors; and non-glass vertical and horizontal sliding panels for porch enclosures, including vinyl-glazed aluminum-framed products used for enclosing screened-in porches that provide protection from inclement weather.
Innovations Fundamentals Summary
|PGTI fundamental statistics|
Is PGTI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PGTI income statement (TTM)|
|Cost of Revenue||US$804.90m|
Last Reported Earnings
Apr 02, 2022
Next Earnings Date
|Earnings per share (EPS)||0.59|
|Net Profit Margin||2.84%|
How did PGTI perform over the long term?See historical performance and comparison
Is Innovations undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PGTI ($19.24) is trading below our estimate of fair value ($47.26)
Significantly Below Fair Value: PGTI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PGTI is poor value based on its PE Ratio (32.5x) compared to the US Building industry average (16.3x).
PE vs Market: PGTI is poor value based on its PE Ratio (32.5x) compared to the US market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: PGTI is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: PGTI's PB Ratio (2.1x) is in line with the US Building industry average.
How is Innovations forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PGTI's forecast earnings growth (53.1% per year) is above the savings rate (1.9%).
Earnings vs Market: PGTI's earnings (53.1% per year) are forecast to grow faster than the US market (12.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PGTI's revenue (8.1% per year) is forecast to grow faster than the US market (7.8% per year).
High Growth Revenue: PGTI's revenue (8.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PGTI's Return on Equity is forecast to be high in 3 years time
How has Innovations performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PGTI has a large one-off loss of $26.6M impacting its April 2 2022 financial results.
Growing Profit Margin: PGTI's current net profit margins (2.8%) are lower than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: PGTI's earnings have declined by 1.5% per year over the past 5 years.
Accelerating Growth: PGTI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PGTI had negative earnings growth (-15.5%) over the past year, making it difficult to compare to the Building industry average (27.3%).
Return on Equity
High ROE: PGTI's Return on Equity (7.8%) is considered low.
How is Innovations's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: PGTI's short term assets ($471.1M) exceed its short term liabilities ($151.1M).
Long Term Liabilities: PGTI's short term assets ($471.1M) do not cover its long term liabilities ($754.7M).
Debt to Equity History and Analysis
Debt Level: PGTI's net debt to equity ratio (88%) is considered high.
Reducing Debt: PGTI's debt to equity ratio has reduced from 181.9% to 105.5% over the past 5 years.
Debt Coverage: PGTI's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: PGTI's interest payments on its debt are well covered by EBIT (3.9x coverage).
What is Innovations's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PGTI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PGTI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PGTI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PGTI's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as PGTI has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Jackson (55 yo)
Mr. Jeffrey T. Jackson, also known as Jeff, CPA, has been the Chief Executive Officer and President of PGT Innovations, Inc. since January 1, 2018 and May 2014 respectively. He served as Chief Operating Of...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD3.53M) is about average for companies of similar size in the US market ($USD3.94M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Experienced Management: PGTI's management team is considered experienced (2.8 years average tenure).
Experienced Board: PGTI's board of directors are seasoned and experienced ( 15.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PGT Innovations, Inc.'s employee growth, exchange listings and data sources
- Name: PGT Innovations, Inc.
- Ticker: PGTI
- Exchange: NYSE
- Founded: 1980
- Industry: Building Products
- Sector: Capital Goods
- Implied Market Cap: US$1.153b
- Shares outstanding: 59.92m
- Website: https://pgtinnovations.com
Number of Employees
- PGT Innovations, Inc.
- 1070 Technology Drive
- North Venice
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/24 00:00|
|End of Day Share Price||2022/05/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.